Key Differences Between Irrevocable and Revocable Trusts

When you start making important decisions regarding your estate, you may be overwhelmed by the variety of options available to you. The choices you make during this process can have significant consequences for family relationships, taxes, and the management of your assets after you pass. With the right legal team by your side, you can […]

How Bankruptcy Could Help You Overcome Tax Debt

These are hard financial times for so many families across the country. With costs up and wages remaining stagnant in many lines of work, people are struggling to keep up with taxes. In 2020, the IRS reported Americans owed $114 BILLION in back taxes. This shocking number shows just how challenging the road to financial […]

How Will My Bankruptcy Impact My Spouse?

Bankruptcy has a ripple effect on the entire family. The filing is a benchmark moment for the financial success of everyone in the household, even if only one person in the family pursues bankruptcy. A common question families have is how one spouse filing for bankruptcy will impact the other spouse. Will the non-filing spouse’s […]

Debts That Won’t Be Forgiven in Chapter 7 Bankruptcy

Bankruptcy is often viewed as a taboo subject with people looking down on those who go through it, but there’s no shame in needing a way out of your financial troubles. We have a system that isn’t always the most relenting on those who don’t have a lot of money of their own, so bankruptcy […]

What Will Happen to My Student Loans in Bankruptcy?

Many Americans are struggling to manage massive student loan debt. A recent study revealed $1.73 TRILLION in student loan debt across the United States. It’s a shocking number, and it’s been a common debate among politicians in recent years. While it’s always possible the government wipes out some portion of the student loan debt in […]

When Do I Need to Update My Estate Plan?

An estate plan provides an outline for where your assets and hard work will go when you pass away, but it’s important to keep it up to date. A will is not a “set it and forget it” document, and they’re fairly easy to update. So, what situations should prompt you to make a change […]

Wills vs. Trusts: Which is Right For Me?

Estate Planning is an essential process in California for protecting your family and your legacy. However, Estate Planning happens in many different forms. How can you tell which one is right for you? It all depends on what you want out of it. Estate Planning is the process of working with an attorney to create […]

Why Trusts Don’t Pass Through Probate

If you have ever had a close loved one pass away leaving you an inheritance, you have likely had to go through the probate process. Probate is the term used for how the courts determine what is going to happen to the assets of someone who has died. The goal of the probate court is […]

How Does Bankruptcy Impact A Trust I Created?

Years ago, you created an estate plan that included a trust. Now, financial difficulties aggravated by the pandemic have left you in a position where bankruptcy is your best way to move forward. You know that your assets are subject to examination and possibly seizure (if you file Chapter 7), but what about the property […]

A New Consideration For Estate Planning

A considerable amount of our lives are becoming digital. How often do you pay with cash at the grocery store? Do you have online accounts? Who has access to these accounts? These are all questions that should be discussed and answered when you include your digital assets in an estate plan.  Do I Even Have […]